The startup scene
Photo by ThinkOut
Tech

The startup scene

While the IT&C industry is growing day by day and new companies are joining the playground, the tech startup environment in Iași is still early-stage.

Transitioning from the corporate world to the startup world is not easy, but it’s definitely exciting and provocative. Fortunately, there is a lot of room for creating and building an idea from scratch, so you can join the local startup scene at any time!

The Iași startup ecosystem raised over 7 million Euros from investment funds and angel investors, a significant growth from just several hundred thousand Euros just 3 years before. Among the most important were Etvas (1 million), Digitail (2.5 mil.), ThinkOut (0.25 mil.), Metabeta (0.5 mil.), SenseTask (0.4 mil.) si FameUp (2.5 mil.).

Running a startup is a true adventure, in every sense of the word–you don’t really know what will come next. And if you don’t believe us, you can always ask the team members of the most important tech startups in Iași, as they are the people who brought new ideas to the world and took the risk of starting businesses that help society, one way or another. Find out more about each success story below.

In this guide:

Photo by Tranzy

Startups
Tranzy is the mobile application that guides you through the city, when you choose to take the bus or the tram. It gives you real-time up-to-date information about lines, the location of nearby stations, the time of arrival of the means of transport at the station, the optimal routes depending on the chosen starting point, the distance to the destination, vehicles and traffic alerts. Its founders aim to develop more than just a guiding app for users, but a whole integrated urban mobility platform. Watch them closely!
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Photo by Digitail - Facebook

Startups
Digitail has been built together with doctors and tech specialists. Combining the best of both worlds, they have designed a software for veterinary practices that helps doctors and clinic managers to reduce costs, increase revenue and improve their operations.

Digitail all-in-one solution helps vets and animal hospitals simplify workflows and drive automation in an industry that needs it desperately. Founded in Iași by Sebastian Gabor and Ruxandra Pui, the startup was backed in 2019 by Fast Track Malmo in an initial pre-seed round. In 2021, they raised $2.5 million in a seed round led by byFounders and Gradient Ventures (Google’s AI fund), joined by Partech and a series of angel investors. Digitail is used by more than 7.000 vets in 16 countries.

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Startups
Hereitis is a mobile app launched in Iași that tracks public transportation vehicles so you know where each one is at any point in time, so you spend less time waiting for them.

The startup was launched in Iași by Cristian Nistor and Bogdan Florea in 2019 and is now used in major cities in Romania like Bucharest, Oradea and Constanța. In Iași there are over 7.000 daily users. It’s also going to be launched in the future in other cities in the country.

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Photo by Marius Ursache

Startups
Metabeta is a local startup that offers portfolio management software for early-stage investors, accelerators, angels, and venture capital firms.

Founded by entrepreneurs Marius Ursache and Vlad Bodi, Metabeta uses streamlined deal flows, real-time portfolio metrics and a support and growth network to connect startups, investors and accelerators so they can collaborate faster and smarter. It uses a hybrid intelligence system, through the integration of complex data, in order to better evaluate and select startups that are in an incipient stage of development that become part of the platform. In 2021, Metabeta raised 500.000 Euros from an initial seed round led by Neogen Capital and other 15 angel investors that is going to be used for the development of the product into a marketplace. It currently has over 4.500 users (investors and startups).

Iasi, Romania
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Photo by sensetask.com

Startups
SenseTask is a cloud-based platform that uses AI to automatically process multiple types of financial, insurance and legal documents, by initially classifying them into invoices, receipts, contracts etc., and then extracting the desired data for each type

SenseTask saves you time and money by using Artificial Intelligence (AI) to automate your manual document processing workflows so you can focus instead on non-repetitive, strategic tasks. With an irredeemable grant offered by Innovation Norway of 400.000 Euros and an additional 80.000 from an angel investor, Ciprian and Victor’s startup is set to solve the huge problem of the lack of efficiency caused by manual processing of documents. Their plans for 2022 include raising another investment round of 250k and scale globally.

Aleea Mihail Sadoveanu 13, Iași
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Photo by Synovius - Facebook

Startups
Synovus is an ultra-portable device for joints rehabilitation capable to move patients' limbs, that can be used anytime and anywhere.

Started by Nicu and Ioana Mândru in Iași, Synovius is a revolutionary therapeutic device that connects to your mobile phone so you can recuperate anywhere, and don’t have to go to the clinic every time. In 2022, the startup is taking in HealthCare Lab Accelerator, a 3 month program developed by Roche and EIT Health.

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Startups
Founded in Iași by Ionuț Pătrășcoiu, FameUp is an app that automates the connection between Brands and Local Influencers with 500 - 10k+ followers.

With a solid investment from the first Romanian unicorn, UiPath, the startup is launching in the US in 2022, after an impressive seed round of 2.5 million Euros in the first marketplace for local influencers. Numbers? Over 9.000 brands, more than 227.000 influencers and over 160.000 completed deals.

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Photo by pixteller.com

Startups
Featured on TechCrunch, Product Hunt and Digital Trends, PixTeller is a startup founded in Iași that lets you easily create designs and animations online.

Back in 2013, when Alexandru Roznovăț started PixTeller, there weren’t any online design tools that helped social media managers create quick layouts. So he set out to launch the first version of the web tool in 2014, growing the user base since then. In 2016, they launched a new version of the editor and reached over 100.000 users in 2017.

Strada Gheorghe Ghibănescu 1 A, Iași 700030
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Photo by NestorUp - Facebook

Startups
Nestor is a startup that assists companies to nurture a coaching culture inside their organization through AI technology, coaching knowledge and leadership tools.

Raluca and Bogdan both worked in corporations, then developed a startup that offered a tool for gaming animations, Marionette Studio. Since the growth opportunities in the industry were limited, they refocused and developed NestorUp, after 6 months of validating the problems and developing an intelligent solution to them. Their product uses business and emotional intelligence indicators to help companies align business strategies to their employees expectations and deliver more sustainable growth and happiness at work.

After taking part in the acceleration program OrangeFab, Nestor joined the 3 month program at the famous Y Combinator. They’re currently working with many businesses in the EU and USA, from startups to Fortune 100 companies..

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Photo by Nifty Learning - Facebook

Startups
Started in 2016 in Iași at Startup Weekend by Letitia, Victor, Cristi and Bogdan, Nifty Learning is now scaling globally.

Nifty brings operational intelligence to corporate training departments. Through smart automation, it supports enterprise training departments to increase operational efficiency, grow training ROI, and save up 25% of their training budget. The product is a single system for managing learning data that sits on top of every other business system, from where the learning professional operates. A command center for the learning function. Nifty has already acquired important clients like Emag or Banca Transilvania.

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Startups
Launched in 2020 in Iași by Costina and Marius, Rungutan is the first API Load Testing SaaS platform, 100% Serverless, API driven, finally available for SMEs. Rungutan helps you simulate workflows to emulate user experience, so it's easier to design workflow oriented strategies.

It targets users that handle performance testing for digital products and CTOs or project managers. Basically, if your digital company plans to extend its user base, Rungutan helps you determine if the infrastructure can handle it by simulating traffic of up to 10 million users per minute, from 15 different global regions simultaneously.

Strada Hlincea 45, Iași 700716
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Photo by ThinkOut - Facebook

Startups
ThinkOut is the online platform that supports managers to better understand their businesses through cash flow analysis and forecast effortlessly, by automatically aggregating bank account data.
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